First United Corporation (FUNC) Announces Quarterly Earnings Results
First United Corporation (NASDAQ:FUNC) posted its quarterly earnings data on Tuesday. The bank reported $0.30 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. First United Corporation had a return on equity of 7.65% and a net margin of 12.33%. The company had revenue of $13.41 million for the quarter.
Shares of First United Corporation (NASDAQ:FUNC) traded up 0.34% during midday trading on Thursday, hitting $14.85. The stock had a trading volume of 3,580 shares. The firm has a market cap of $104.72 million, a PE ratio of 17.11 and a beta of 0.43. The firm has a 50-day moving average of $15.00 and a 200 day moving average of $14.55. First United Corporation has a 12-month low of $9.97 and a 12-month high of $16.95.
Separately, ValuEngine upgraded First United Corporation from a “hold” rating to a “buy” rating in a report on Friday, June 2nd.
First United Corporation Company Profile
First United Corporation is a bank holding company. The Company’s primary business is serving as the parent company of First United Bank & Trust (the Bank), First United Statutory Trust I, First United Statutory Trust II and First United Statutory Trust III. It operates through community banking segment.
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